Abacus Wealth Partners LLC Takes $249,000 Position in Woori Bank (NYSE:WF)

Abacus Wealth Partners LLC bought a new stake in shares of Woori Bank (NYSE:WF - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,453 shares of the bank's stock, valued at approximately $249,000.

Several other institutional investors also recently made changes to their positions in WF. LPL Financial LLC lifted its position in Woori Bank by 8.6% in the 4th quarter. LPL Financial LLC now owns 13,346 shares of the bank's stock valued at $417,000 after purchasing an additional 1,055 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Woori Bank by 1,830.4% in the fourth quarter. JPMorgan Chase & Co. now owns 43,724 shares of the bank's stock valued at $1,366,000 after purchasing an additional 41,459 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Woori Bank by 39.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 287,852 shares of the bank's stock valued at $8,995,000 after buying an additional 81,973 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Woori Bank by 17.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 79,776 shares of the bank's stock worth $2,493,000 after buying an additional 12,012 shares during the period. Finally, Invesco Ltd. grew its holdings in Woori Bank by 2.4% in the 4th quarter. Invesco Ltd. now owns 40,936 shares of the bank's stock worth $1,279,000 after buying an additional 950 shares in the last quarter. 3.41% of the stock is owned by institutional investors.

Woori Bank Stock Performance

WF traded down $1.44 during trading hours on Friday, hitting $51.45. The company's stock had a trading volume of 81,119 shares, compared to its average volume of 91,294. The company has a 50-day simple moving average of $48.96 and a 200 day simple moving average of $39.62. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $12.74 billion, a PE ratio of 6.48, a PEG ratio of 0.92 and a beta of 1.08. Woori Bank has a fifty-two week low of $29.44 and a fifty-two week high of $57.97.

Woori Bank (NYSE:WF - Get Free Report) last issued its quarterly earnings results on Friday, July 25th. The bank reported $2.63 EPS for the quarter, missing analysts' consensus estimates of $3,574.37 by ($3,571.74). Woori Bank had a net margin of 11.84% and a return on equity of 8.31%. The business had revenue of $2 billion for the quarter, compared to analyst estimates of $2,790.97 billion. As a group, sell-side analysts expect that Woori Bank will post 8.24 EPS for the current year.

Woori Bank Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.